Residential Plot For Sale In El Paraiso
€690,000
Andalusia, Spain
1
bedroom
1
bathroom
Land
property type
6 days ago
listed
About this place
Prime Residential Plot in El Campanario – Ideal for Villa Project An exceptional opportunity to acquire a beautiful residential plot in the sought-after area of Atalaya, perfectly positioned near Guadalmina Baja and El Campanario. This spacious and versatile plot offers outstanding development potential, ideal for investors or individuals looking to create their dream home on the Costa del Sol. With a generous 35% buildability (edificación), the plot allows for the creation of a luxurious, detached single-family villa, tailored to your personal vision Set within a tranquil yet well-connected residential area, the location offers easy access to prestigious golf courses, international schools, sandy beaches, and an array of dining and shopping options. El Campanario is known for its exclusive atmosphere and proximity to amenities, making it a highly desirable address for both residents and holidaymakers. Don't miss this rare opportunity to invest in one of the Costa del Sol's most promising residential zones.
Buying property in Spain
Spain welcomes foreign buyers with no nationality restrictions. The buyer needs an NIE (Número de Identidad de Extranjero) before completion, and most buyers open a Spanish bank account to handle the deposit and ongoing charges. An independent lawyer (abogado) is strongly recommended — the notario only checks the deed, not the wider title.
Spain ended its Golden Visa property route in April 2025.
Non-resident mortgages are widely available, typically 60–70% LTV.
Non-resident sellers face a 3% withholding from the sale price (retención), claimable against capital gains tax.
Always check community-of-owners (comunidad) debts and outstanding IBI before completion — they transfer with the property.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
